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Balance of ppf account?
When you open your PPF Account you will get a pass-book which will be updated everytime you make a transaction. These days, when you open a PPF account, the balance is available online. Check with the bank that helped you open the PPF Account. They will help you with it
How can you open a PPF account with PNB?
Go To this link in the Related Link below, in which PNB's all branch were mentioned where you can open a PPF account.
Is ppf interest taxable?
No. It is not taxable
Is ppf amount taxable after maturity?
No. it is not taxable
Interest on ppf is exempt under which section?
10(11)
Balance of ppf account?
When you open your PPF Account you will get a pass-book which will be updated everytime you make a transaction. These days, when you open a PPF account, the balance is available online. Check with the bank that helped you open the PPF Account. They will help you with it
What Need document to open ppf account in sbi bank?
chauffeur
How can you open a PPF account with PNB?
Go To this link in the Related Link below, in which PNB's all branch were mentioned where you can open a PPF account.
Can a company open PPF account for employee instead of PF account?
No.
Is it mandatory to have a saving account in State Bank of India before opening a Public Provident Fund account in State bank of India?
No. u don't need to open savings a/c for opening ppf a/c in sbi.
Can we open PPF account of employee in company instead of PF account?
No. This cannot be done. A PPF Account is not mandatory for employees from an employer perspective but a PF account is. The government Mandates Provident Fund deduction for all permanent staff of companies. The PPF is a service which is available for interest citizens but it is not mandatory.
Does PPF can be started in Minor's name whose parents are NRI?
A PPF, which is also known as the Public Provident Fund can be started in a minors name. It can only be opened on behalf of the minor and under any circumstance be established as a joint account. An NRI is not permitted to open PPF accounts, therefore parents are not permitted to open an account on behalf the minor.
What is Public Provident Fund?
PPF is similar to PF with the only difference being, anyone can open a PPF account by visiting the nearest State Bank of India branch. PPF is also managed by the government of India. Once we open a PPF account we can deposit cash in our PPF account anytime. There is one restriction here. We must deposit at least Rs. 500/- every year to keep our PPF account active. The maximum amount we can remit in our PPF account every year is Rs. 70,000/- Our PPF account remains active for 15 years and if we want we can extend it by a further 5 years. We cannot encash the entire amount in our account before the tenure of 15 years. Of course we can do partial withdrawals from our account but we cannot take out the entire corpus.Safety = Very high because backed by the governmentReturns on Investment = Average - Our Inflation is 11% and the returns on PPF is only 8%Investment Strong points:a. Extremely Safeb. A decent amount deposited every year can help us make up a good corpus over the long run.Downside:a. Only average returns.b. Very long lock in period. We cannot take out our cash before 15 yearsc. We need to deposit at least Rs. 500/- every year to keep the account active.
Is there a bank account that you can pay small bits on money into but cannot get anything out for a specified number of years?
Yes, PPF account you get higher rate of interest and tax benefit.
What is the ppf in investment?
Public Provident Fund or PPF is a scheme that was introduced by the Government of India in the year 1980. Ever since that year, PPF has been a preferred choice for investment for the risk averse investor. Assured and Tax Free Returns make PPF even more attractive. The PPF is just like the regular Provident Fund Account that salaried employees get throughout India. The only difference being, the PPF account can be opened by anyone and contributions can be made as per their preferences. The money saved in the PPF Account is backed by the Government of India and hence it is practically Risk Free. The money in the PPF Account earns interest just like the PF account which will be credited into our account by the Government.
What is PPF?
Public Provident Fund or PPF is a scheme that was introduced by the Government of India in the year 1980. Ever since that year, PPF has been a preferred choice for investment for the risk averse investor. Assured and Tax Free Returns make PPF even more attractive. The PPF is just like the regular Provident Fund Account that salaried employees get throughout India. The only difference being, the PPF account can be opened by anyone and contributions can be made as per their preferences. The money saved in the PPF Account is backed by the Government of India and hence it is practically Risk Free. The money in the PPF Account earns interest just like the PF account which will be credited into our account by the Government.
What is difference between Provident fund and Public provident fund?
Public Provident Fund is a scheme in which any Indian with a PAN card can invest and save money. Provident Fund is a scheme in which a person can join only through his employer. A portion of his salary would be deposited with the regional PF office on his name whereas in PPF you visit any nationalized bank like SBI and deposit money into your account.
